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IIM Kozhikode Launches One Year Full Time MBA

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IIM Kozhikode has announced a new, One Year Full-Time, Residential, Post Graduate Programme in Business Leadership. With this, the institute has added to its portfolio of programmes aimed at an experienced audience. IIM K already offers a two-year full-time Executive MBA programme for working professionals.

Indian Institute of Management (IIM) Kozhikode has launched a new postgraduate management programme focused on developing potential business leaders. This full-time, residential, one-year programme addresses the need to provide focused, contemporary and holistic business leadership inputs to experienced executives who aspire for top jobs in large corporates.

Prof. Debashis Chatterjee, Director of IIM Kozhikode, said, “This leadership programme aims to systematically nurture and shape experienced minds into high potential leaders who are authentic, capable, multi-dimensional, and grounded in core values.  The programme will transcend conventional management instruction and pedagogy to provide focused learning.” He added, “Businesses, today, need leaders to sustain and thrive in a volatile, connected and non-linear world and this new offering is precisely aimed to fill this gap”

The programme will involve an innovative admission process, unique curriculum and pedagogy that combines diverse perspectives to provide holistic inputs. “While we have put together just the most appropriate content in the curriculum, the highlight of the programme would be the learning methods that would attempt to bring out true leadership potential of the candidates through personalized and reflective learning approaches,” said Prof. Debashis Chatterjee.

The gap for such an academic programme is identified based on the fact that a large number of corporates have been demanding focused inputs for their high-potential, mid-level executives that prepare them to take up leadership roles within the organization.

The Chairperson of the new programme, Prof. Venkataraman, who himself served in corporate leadership roles before taking up academics emphasized that “Finding ready leadership talent has become increasingly difficult.  Large companies today expect their HR departments to play a strategic role in identifying high potential candidates within the organization early on and groom them for bigger roles towards developing a leadership pipeline. We would expect that corporations committed to the development of leaders who combine both professional and organizational values, would encourage and facilitate their select executives to apply to the programme and discover their leadership potential.”

Talking to OneYearMBA.com, Prof Venkataraman said the programme is targeted at those with a minimum three years of work experience. “We expect the program would benefit people with 3-8 years of experience who might not have thought or gone the CAT route initially,” he added.

Asked about the intake, he said, “Initially, we would start small, a compact class up to 60. However, no specific number is being considered. The classes will be held in Kozhikode campus.

On successful completion of the programme, the students will be awarded an MBA degree. They will then join the alumni ranks. IIMK will also offer them campus placements, he added.

The programme is likely to combine intensive in-class, inspiring off-campus and immersive international components towards the holistic development of the participants.

The deadline for online submission of applications on the Institute’s website is August 15, 2019 and classes would commence in November 2019.

Course Design

The PGP-BL design seeks to encourage and train students to embrace ambiguity, align to reality, focus on sustainability, and reflect and aspire to wholeness. In an approach that resonates with IIMK’s mission of “Globalizing Indian Thought”, the program design will also draw upon some of the fundamental principles underlying ancient Indian thought to nurture a genre of exemplary leadership talent.

The programme will encourage students to cut through the confusion to develop clarity, appreciate the whole rather than the discrete, and understand the links across different functional areas. In leveraging a talent pool that has the right mix of work experience, mental agility, fundamental disciplinary grounding and positive attitude, the PGP-BL curriculum will have a three-pronged approach to:

  1. Develop a deep familiarization about the demands of a VUCA world – a business environment that is rapidly evolving and uncertain- and the ability to sift through complexity to recognize the critical Corel.
  2. Nurture discernment and informed decision-making through not only through the understanding of appropriate tools, frameworks and processes but also by centrally ingraining the principles of sustainability.
  3. Holistic thinking that enables the vision of the bigger picture and a fine understanding of the links across different functional areas

Important Dates

Online Application Opens June 14, 2019
Last Date for Submission of Application August 15, 2019
Intimation of Interview Shortlist August 30, 2019
Interviews September 2019
Foundation Module Commences October 22, 2019
Classes Commence November 1, 2019
International Immersion July/August 2020 (Tentative)
Classes Conclude October 30, 2020

Curriculum 

In its bid to inculcate leadership competencies, the PGP-BL will rely significantly on experiential learning and balancing insights from both practice and research. A module on ‘The Practice of Holistic living’ will provide students with the necessary space for reflection and discovery and encourage them to challenge the status quo. Live projects, structured as an extended but punctuated engagement, with a panel of partner firms will be an integral feature of the programme. This will facilitate action research, continued live engagement on managerial problems and help develop stakeholder management skills. Students will engage and grapple with topical and developmental issues such as sustainability and humanistic leadership in a digital era. PGP-BL students will also benefit from a rich exposure to eminent Indian and International faculty and leaders from diverse domains.

Admission Process

The admission process starts with the submission of online application

Eligibility

  • Graduates in any discipline with minimum 50% or equivalent CGPA
  • Minimum 3 years work experience after completion of graduation (and preferably less than 7 years)
  • A valid GMAT/CAT score

Once the online applications are submitted, IIMK faculty committee would review the application, shortlist candidates for interview based on various criteria. The interview panel will evaluate each candidate’s performance, on the basis of quality and nature of work experience, diversity, leadership qualities, social sensitivity, and multi-dimensionality. Strong oral and written communication skills, and ability to think critically will be among the key attributes that the panel will seek in candidates.

Programme Structure

The PGP-BL is a one-year, full-time, residential programme that will have as integral elements, a global immersion module, constant industry engagement and placement assistance. The programme is structured to have five terms of 8 to 9 weeks.

The coursework will be rigorous and relevant and will encourage practical application. At the core, the PGP-BL programme will have an academic instruction capsule that will provide young professionals with a condensed/intense dosage of domain knowledge in all the critical and essential aspects of business. This will be accentuated by the following:

  • A global immersion module that combines an international business school experience as well as industry exposure in other countries
  • Partner organizations that will facilitate participant working on live in-course or across-term projects, in domains that can also students’ specialization preferences
  • A capstone module that includes a structured orientation to the key attributes of ethical and responsible business

Overall, notwithstanding a structured intervention and instruction design that is intense and high-energy, this program is crafted to allow participants the time and space for reflective thinking and development. The emphasis on experiential learning, reflective assimilation and leadership competencies will be a constant throughout the programme. The aim of the PGP-BL course design is to enable participants to build on their prior knowledge and exposure, discover their inner Arjuna’s, and develop them holistically as multi-dimensional future leaders

Apart from a core diet of fundamental management subjects and topics, the PGP-BL programme will include several key themes such as Strategic Thinking, Innovation, Leading and Managing Change in a Digital World, Design Thinking, Leadership for high performing organizations, Industry 4.0, Customer Intimacy and Luxury Business Management.

International Immersion

The PGP-BL includes a dedicated 2-week global immersion module at a premier European or American university or business school. This will provide the students, a definitive international experience that involves both academic instruction as well as experiential and cross-cultural learning, including visits and interactions with key local businesses. The academic component would involve an assessment module that maps to the overall course credits, and the subject of instruction would be chosen in relation to the speciality or expertise of the country involved (e.g. luxury business management in Italy, Innovation/ Design thinking in Germany/ Italy etc.)

One of the objectives of this module is to broaden students’ knowledge about various aspects of managing businesses in a multicultural environment, especially in a rapidly changing global environment.

Prof Venkataraman said IIMK has been talking to three or four of its partner institutes. “The immersion is most likely to be at a top European or South Asian School as some of the students may want to go to China. We have a range of schools at this point. Depending on the final numbers, we may give a choice to the students,” he added.

 

Accommodation

Accommodation will be in-campus, in air-conditioned single rooms. Students can avail of the mess facilities in campus. Married accommodation is not readily available on campus, but on request, IIMK can facilitate locating suitable accommodation for students, in proximate areas.

Fees

Application Fee (Non-refundable):

Rs.2000/- (Rupees Two Thousand Only) Plus Taxes as applicable. The Application fee is payable at the time of submitting the application online

Program Fee:

INR.22,50,000/- (Indian Rupees Twenty Two Lakh Fifty Thousand Only) plus taxes as applicable. This fee includes program delivery, books and instruction material, in-campus hostel accommodation, and access to all in-campus facilities such as the library. Mess/Canteen charges would be additional and use-dependent. The above fees also include program and coordination fees for the International Immersion module and a travel allowance for domestic industry immersion module. Travel and stay related expenses for the international immersion will be additional and will have to be borne separately by the students.

INR 7,50,000 (Indian Rupees Seven Lakh Fifty Thousand Only) will be payable at the time of registration and the balance in three instalments.

Financial assistance is normally available through most scheduled banks to support the fee payment.

About Indian Institute of Management, Kozhikode

Started in 1997 with the Postgraduate Programme (PGP), the Indian Institute of Management Kozhikode (IIMK) is on a high growth trajectory today, offering the widest range of academic programmes in the field of management education. These include the Fellow Programme in Management, Executive PG Programmes, Management Development Programmes and Faculty Development Programmes. IIMK set up a Satellite campus at Infopark, Kochi, in 2013 dedicated to Executive Education. (Source: 1)

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